04.
09.20
10:00

HANSA Terminhandel - Oilseed Mail

The price trend on the German cash market for rapeseed has picked up again somewhat. The national average price rose by 2.50 euros compared to the previous week to 365 euros / ton. However, this did not lead to a noticeably increased willingness to sell. Rapeseed from Germany is still hardly traded. This is due to the weak demand on the part of the oil mills, which have either already covered their autumn needs or are primarily covering it with imported rape from the Baltic States or the Ukraine. As the harvest in Ukraine was weaker, analysts expect a faster decline in rapeseed deliveries from Ukraine. So far, however, nothing has been noticed. The rapeseed meal market is relatively calm this week. The demand is not as brisk as it was in the days before. Market observers believe that German rapeseed meal prices have peaked. In the next few days and weeks, the demand for rapeseed meal should be limited.

Source
Hansa Terminhandel GmbH
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